Business
19 December 2006 [23:36]
Turkish Tarhan Tower Airlines performs direct flights to Armenia. Direct flights to Yerevan have been realizing four times a week at night since May.
19 December 2006 [15:48]
Ukraine is interested in strengthening cooperation with Azerbaijan, in trade-economic and energy spheres, in particular. Viktor Yanukovych stressed during the meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Ukraine Talyat Aliyev.
19 December 2006 [15:46]
Azerbaijan Air Lines holds negotiations with Boeing leadership to purchase new planes next year.
19 December 2006 [15:20]
A new price for natural gas proposed by Russia is disadvantageous for Azerbaijan, the country's industry and energy minister said Tuesday.
19 December 2006 [15:04]
Today, within the visit of Turkish Industry and Trade Minister Ali Coskun to Azerbaijan, a meeting of Turkish-Azerbaijan Business Council was held by Azerbaijani Economic Development Ministry and Turkish Council for Foreign Economic Cooperation.
19 December 2006 [11:46]
Azerbaijan International Operating Company (AIOC) increased oil exports by 82.43%, year-over-year, to 18 726 000 metric tons during the period of January-November.
19 December 2006 [11:25]
Azerbaijan Investment Company has concluded memo of understanding with Milk-Pro LLC which produces dairy products and juice.
19 December 2006 [11:23]
Iran will start shipping gas through a pipeline to Armenia in January, the Tehran Times reported Sunday, citing an Iranian official.
19 December 2006 [11:22]
The UK National Audit Office will audit Azerbaijan Accounting Chamber (AAC) next year.
19 December 2006 [11:05]
Azerbaijan Accounting Chamber intends to conclude an agreement of cooperation with South Korean, Latvian and Chinese Supreme Audit Offices.
19 December 2006 [11:04]
2 out of 9 road bridge projects is expected to be commissioned in Baku on weekend.
19 December 2006 [11:03]
A delegation led by Turkish Industry and Trade Minister Ali Coskun visiting Baku has been received by Azerbaijani Industry and Energy Minister Natig Aliyev.
19 December 2006 [11:02]
State Committee for Management of Public Property held 50 auctions and the stocks of some 180 shareholders were sold during the period of January-November.
19 December 2006 [11:02]
Standard Insurance collected insurance fees of AZN 6.514m during the period of January-September.
19 December 2006 [11:01]
Moscow will host a trilateral forum of Russian, Azerbaijani and Turkish businesspeople in March-April, 2007, Azerbaijan and Russia Business Cooperation Chamber chairman Intigam Huseynov said.
19 December 2006 [10:55]
During November 491.18m cubic meters of natural gas were delivered to Azerigaz against the planned 623m cu m by implementing the forecast by 78.8 percent.
19 December 2006 [00:39]
The Organization for Economic Cooperation and Development urged Armenia to crack down on a "tradition of bribe-giving" in a report on Monday which passed severe judgment on the handling of corruption.
19 December 2006 [00:26]
The weighted average exchange prices made up 0.8718 AZN for 1 US dollar in the Baku Interbank Currency Exchange on December 18.
19 December 2006 [00:23]
Vice-Premier Yagub Eyyubov received the parliament delegation headed by vice-chairperson of the RF Federal Council Svetlana Orlova, December 18.
19 December 2006 [00:20]
President of Azerbaijan Ilham Aliyev received Ali Coskun, the Industry and Trade Minister of Turkey, December 18.
18 December 2006 [23:31]
Negotiators from Georgia, Turkey and Azerbaijan were still wrangling over how to divide quotas for gas extracted from a massive Caspian Sea field, Azerbaijan's energy minister said Monday.
18 December 2006 [17:08]
The Capital Investment Bank (CIBank) has been renamed as Azerbaijani Industry Bank.
18 December 2006 [14:09]
Greek Development Minister Dimitris Sioufas said that, Greek section of a natural gas pipeline to Turkey is due to begin operating in May 2007.
18 December 2006 [13:54]
By December 20 Azerbaijani and Russian energy officials plan to agreement on energy imports to Azerbaijan from 2007, said Azerenergy Vice-President Marlen Asgarov.
18 December 2006 [13:36]
Workers on Saturday began extracting natural gas from Azerbaijan's massive Shah Deniz field operated by British Petroleum PLC, state energy officials said.
18 December 2006 [13:35]
Communications and Information technologies Ministry has developed Telecommunications Policy Plan for implementation of the State Program for ICT Technologies in Azerbaijan (e-Azerbaijan).
18 December 2006 [13:20]
Chairman of Jordan Trade Chamber Senator Hider Murad discussed on Sunday with Ambassador of Azerbaijan Elman Arasli means of following up the outcomes of Premier's visit to Azerbaijan last month.
18 December 2006 [11:16]
During the period of January-September the incomes of Azerbaijani population brew by 22.5%, year-over-year, to AZN 9.2bn at face value, State Statistical Committee told.
16 December 2006 [13:05]
The delegation of Turkish businessmen led by Minister of Industry, Ali Coskun, will visit Baku December 18-20, Turkey's Embassy in Baku informs.
16 December 2006 [12:24]
Azerbaijan International Operating Company increased oil output by 79%, year-over-year, to 20,961m metric tons in Azeri-Chirag-Guneshli field during the period of January-November.
16 December 2006 [12:21]
Glencore Energy UK Ltd. has won the bidding announced by SOCAR Marketing and Economic Operations Department.
16 December 2006 [12:09]
Azerenergy and RAO EES (Unified Energy Systems) have met in Baku to discuss the issue concerning energy supplies to Azerbaijan, Azerenergy Vice-President Marlen Asgarov said.
16 December 2006 [11:41]
BP-Azerbaijan has announced the 5th Biodiversity Competition award in Azerbaijan in the theme of Biodiversity in Azerbaijan.
15 December 2006 [23:00]
Azeri Taxes Minister Fazil Mammadov said the rules for excise duties are based on the engine capacity. The duty per cu cm will be AZN 0.15 for cars with engine of up-to 2,000 cu cm.
15 December 2006 [22:51]
There was a phone call to the main office of Bank Respublika warning of explosive planted there, Chingiz Bagirov, Sebayel district Police Office Department chief told.
15 December 2006 [16:37]
There was a phone call to the main office of Bank Respublika warning of explosive planted there, Chingiz Bagirov, Sebayel district Police Office Department chief stated.
15 December 2006 [13:23]
OPEC ministers agreed in principle Thursday to leave oil production unchanged for now but set the stage for a likely cut of half a million barrels day in February.
15 December 2006 [13:07]
Azercell doesn't intend to change its operation strategy after the government's stake in the company is privatized.
15 December 2006 [11:48]
The weighted average exchange price made up 0.8720 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
15 December 2006 [11:38]
Next year Georgia will pay on average USD 170 per 1,000 cubic meters of natural gas imports, independent expert Giya Khukhashvili told.
15 December 2006 [00:37]
Azerbaijan's leading mobile operator Azercell Telecom JV prefers to provide high-quality services to its customers, Azercell Director General Halim Atesh said.
14 December 2006 [22:04]
Turkey and Israel have agreed to set up an energy corridor that will carry to Israel oil from Baku, Azerbaijan, via Ceyhan, Turkey.
14 December 2006 [17:40]
As of December 1, Georgia amortized its government debts owed to Azerbaijan to USD 14.553m, by reducing the debt by 12.46% or $2.071m in November.
14 December 2006 [17:12]
Experts from Azerbaijan, Georgia and Turkey are meeting in Baku Thursday to discuss the technical and financial aspects of distributing Turkey's quota of natural gas between the three nations.
14 December 2006 [11:56]
Taxes Ministry Operational Control Department have to date examined 157 061 various kinds of trade facilities and found serious irregularities in 36 911 of them.
14 December 2006 [11:45]
The weighted average exchange price made up 0.8721 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
14 December 2006 [11:15]
Mortgagors can be partially exempted from some taxes in Azerbaijan.
14 December 2006 [10:54]
Construction of 87 MW module power plant has continued to progress during the period of May-December.
14 December 2006 [10:51]
Azerbaijan State Agency for Standardization, Metrology and Patents has sent the facts on companies producing products harmful to health to the law enforcement structures.
13 December 2006 [17:50]
2 out of 9 road bridge projects will be commissioned in Baku this week.
13 December 2006 [13:34]
The officers of Border Service of the Russian Federal Security Service on Dagestan detained Azerbaijani ship yesterday.
13 December 2006 [13:27]
Emergency Situations Ministry of Azerbaijan has found low-quality cement on sale in the domestic market.
13 December 2006 [13:04]
New banknotes have exceeded 95 percent in the circulation in Azerbaijan.
13 December 2006 [12:57]
"Inflation rate reached 8 percent during the period of January-November," National Bank of Azerbaijan Management Board Chairman Elman Rustamov said.
13 December 2006 [12:53]
65 tankers carrying 47m barrels of oil sailed from Ceyhan Port to the world market. Turkey gained USD 300m from taxes and customs tariffs.
13 December 2006 [11:31]
Azerbaijani Parliament will discuss the amendments to the Tax Code, Deputy Minister of Taxes Shahin Mustafayev stated.
13 December 2006 [11:30]
Passengers can use tokens to go by Baku Metro by this year end. Baku Metro chief Tagi Ahmadov stated.
13 December 2006 [11:29]
The board meeting of Rabitabank shareholders approved the USD 3m credit line opened by the European Bank for Reconstruction and Development, Rabitabank Head Office informs.
12 December 2006 [23:32]
USAID-funded Azerbaijan Small and Medium Enterprise Support through Financial Sector Development Project held a presentation of proposals on December 11 on legal analysis and amendments to the legislation aimed at improving mortgage lending.
12 December 2006 [21:43]
BP PLC said oil production at the Azeri fields in the Azerbaijan sector of the Caspian Sea has been partially disrupted by a power outage.
12 December 2006 [21:42]
Poachers will exhaust the Caspian Sea's caviar reserves in 14 years unless measures are taken to change the situation.
12 December 2006 [21:18]
Azerbaijan will stop importing Russian gas despite the danger of a resulting shortfall in energy supplies, a senior Azeri energy official said Tuesday, after Moscow asked for more than double its previous price.
12 December 2006 [21:17]
The Kazakhstan-Azerbaijan: prospects for cooperation business forum will greatly strengthen the partnership and economic ties between Kazakhstan and Azerbaijan, Heydar Babayev, the Economic Development Minister of Azerbaijan, said at the forum.
12 December 2006 [16:00]
Azerigas will sue the customers evaded paying the gas bills.
12 December 2006 [15:43]
"The representatives of the organizations realizing the security of oil and gas pipelines among Azerbaijan, Georgia and Turkey will meet in Ankara soon. The date of the meeting is being determined at the moment," chairman of the State Special Guard Service colonel-general Vagif Akhundov, told journalists.
12 December 2006 [15:26]
"The protection of oil-gas pipelines is a new field of activity for State Special Guard Service, notwithstanding it, we achieved to learn international experience in a short time and apply it to the practice," the chief of Sate Special Guard Service Vagif Akhundov told.
12 December 2006 [14:21]
The weighted average exchange price made up 0.8721 AZN/USD at trading sessions held at the Baku Interbank Currency Exchange.
12 December 2006 [12:25]
Communication and Information Technologies Minister Ali Abbasov has left Baku for Moscow to attend 15th anniversary of the Organization of Regional Cooperation in Communications.
12 December 2006 [12:24]
Baku Interbank Currency Exchange intends to launch new trading system from the second quarter of 2007.
12 December 2006 [12:24]
Most of new high-rise buildings have not been registered in Baku, Real Estate Registration Service chair Arif Garashov said.
12 December 2006 [12:22]
The two-day conference on "Improvement of civil labor migration role and formation of efficient migration infrastructure in Russia and near foreign countries" organized by Labor Migration International Association started in Moscow.
12 December 2006 [11:29]
There are some 60 independent auditors and some 60 local and 5 foreign auditing companies in Azerbaijan, moreover, 30 more auditors will soon be granted license, Azerbaijan Auditors’ Chamber chairman Vahid Novruzov said.
12 December 2006 [11:26]
USAID SME Support through Financial Sector Development Project, implemented by ACDI-VOCA delivered a presentation of the comprehensive legal analysis, proposals and recommendations to improve regulatory framework for mortgage lending system in Azerbaijan.
11 December 2006 [15:30]
"The Government don't intend to increase domestic gasoline prices from next year," SOCAR President Rovnag Abdullayev said.
11 December 2006 [15:20]
SOCAR & Turccas Joint Venture, established by the SOCAR (51%) and Turccas Petrol (49%), will be engaged in selling Azeri gas in Turkey, SOCAR President Rovnag Abdullayev said.
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